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C$ retreats as US$ rallies, risk aversion TORONTO: The Canadian dollar fell on Monday against a rallying greenback, which posted broad gains against most currencies following a report that investors expect the US Federal Reserve to keep interest rates lower for longer than expected.Investor risk aversion rattling global markets and softer crude prices also pressured the Canadian dollar.Investors expect the Fed to keep interest rates lower for longer, and to raise them more slowly, than the makers of U.S monetary policy themselves expect, according to the report by the San Francisco Fed.Scotiabank chief currency strategist, Camilla Sutton, said the US dollar moves accelerated during the North American session particularly in the afternoon after the San Francisco Fed report."It's a broad based US dollar move. Today was all about the US dollar and very little about CAD," said Sutton.The Canadian dollar finished the session at C$1.0973 to the greenback, or 91.13 US cents, weaker than Friday's close of ...

Dollar bounces back after weak August jobs report NEW YORK: The dollar rallied Monday against other major currencies as investors concluded the US economy is still better positioned than other leading economies despite Friday's weak jobs report.The dollar rose to a five-year high against the Japanese yen and a 14-month high versus the euro, according to Kathy Lien, managing director at BK Asset Management. The dollar's gains on the British pound were also significant after a poll showed rising support in Scotland for ...
Dollar gains broadly, hits six-year high against the yen NEW YORK: The US dollar hit a six-year high against the yen and a more than one-year high against the euro on Monday, posting broad gains on a day lacking any significant data or new central bank information. Volatility began in the afternoon with the dollar accelerating gains against the Australian dollar and Brazilian real before the rally extended to knock the euro and the yen out of recent ranges. The dollar index, which measures ...
C$ weakens with oil prices, risk aversion TORONTO: The Canadian dollar weakened against the greenback on Monday, pulled lower by weaker oil prices and as investor risk aversion rattled world markets.The loonie also suffered from the overhang of disappointing labor market data last Friday that showed the Canadian economy unexpectedly shed jobs in August.Data released Monday morning showed the value of domestic building permits had a surprise surge in July, but that did little to stem the loonie's weakness.The Canadian dollar strengthened ...
Poor US jobs report pushes dollar lower NEW YORK: The US dollar was lower against the euro on Friday after a disappointing employment report for August dimmed expectations that the Federal Reserve might accelerate its planned rate hike next year.Hopes that the US would turn in a seventh straight month of strong jobs generation were dashed when August's number came in at just 142,000 net new positions, 80,000 less than expected.The Labor Department data supported the view that the economy is still ...
Dollar retreats on disappointing US jobs data NEW YORK: The dollar fell on Friday after data showed US employers added the fewest jobs in eight months, eroding some confidence in the domestic economy and reviving bets that the Federal Reserve might leave interest rates near zero for longer than anticipated. The US Labor Department said non-farm payrolls grew by 142,000 last month, far below the 225,000 increase among analysts polled by Reuters. The greenback scaled back from a nearly six-year high against ...
Euro gains, shares pare losses after US data NEW YORK: The euro edged higher against the dollar and global equity markets pared losses on Friday after data showed US jobs growth slowed in August, raising chances that interest rates will stay low for a longer period than markets had expected. The dollar fell after data showed US non-farm payrolls grew by only 142,000 last month, far below the 225,000 increase forecast by analysts in a Reuters poll.The July figure was revised upward to ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln